The Fair Share Report
213 Nicholson Rd
Haddon, NJ 08059
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
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Step 1 · Market value
Likely range $399,814 – $540,865, from 12 comparable Haddon sales in the past 18 months, at this home's 1,308 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Haddon assessments sit below market value — republished every October, applied town-wide. A $472,712 home should be assessed near $494,646.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $213,546 below what the ratio math suggests (43.2%).
Step 4 · The tax rate — same for every Haddon home
$1.188 Schools · 55% $0.544 County · 25% $0.447 Town · 21%
Step 5 · The bill
This home vs. every recent Haddon sale · assessed ÷ market
47%116%
Keep quiet and enjoy it
This home's assessment ratio sits below the Haddon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 124 NICHOLSON RD | 2025-05 | $230,000 | 1,308 | 109.1% |
| 209 NICHOLSON RD | 2025-10 | $282,000 | 1,308 | 89.7% |
| 82 VIRGINIA AVE | 2026-05 | $430,000 | 1,296 | 105.2% |
| 110 WESTMONT AVE | 2026-02 | $545,000 | 1,318 | 75.5% |
| 24 CAMBRIDGE AVE | 2026-04 | $660,000 | 1,300 | 73.1% |
| 222 BRADLEY AVE | 2026-05 | $505,000 | 1,392 | 75.7% |
| 926 BELMONT AVE | 2026-02 | $485,000 | 1,352 | 91.3% |
| 225 BUCKNER AVE | 2025-08 | $450,000 | 1,214 | 84.5% |
| 265 W CRYSTAL LAKE AVE | 2025-10 | $485,000 | 1,342 | 85.8% |
| 1108 MT VERNON AVE | 2025-07 | $475,000 | 1,180 | 92.6% |
| 263 HOPKINS RD | 2026-05 | $440,000 | 1,362 | 87.3% |
| 1120 STOKES AVE | 2025-08 | $453,000 | 1,482 | 110.8% |
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